London, July 2.
News of Wall Street activity today and yesterday's Anglo-German payments agreement encouraged London stock brokers to surrender their week-end and spend the day executing other loan orders as the stock market is closed on Saturdays.
Quiet Continental demand again prevailed on the foreign exchange market today, where business was Small and rate changes only of a minor character. Dollars ruled firmer at 495.56 cents, compared with 495.62 cents yesterday, while francs closed at 177.87, compared with 177.90 yesterday.
Gold was unchanged at 140/9d., at which level only the small amount of £18,000 worth was sold i" the open market. The American shipping parity also remained unchanged a! 534d. premium.
Owing to the absence of selling orders, silver prices were marked-up wed. to 19d. for spot and 1874d. for forward. Bears covered, while sellers were reserved.
Ju the money market there was a quiet week-end demand at a 1 per cent, while the three months bill Tate held steady at per cent—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.